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Western Copper and Gold Corp T.WRN

Alternate Symbol(s):  WRN

Western Copper and Gold Corporation is a Canada-based mining company. The Company is engaged in developing the Casino Project. The Casino Project is a copper-gold mining project in Yukon, Canada. The Casino porphyry copper-gold-molybdenum deposit is located in west central Yukon, in the northwest trending Dawson Range mountains, approximately 300 kilometers (km) northwest of the territorial capital of Whitehorse. The Casino project is located on Crown land administered by the Yukon Government and is within the Selkirk First Nation traditional territory and the Tr’ondek Hwechin traditional territory lies to the north. The Casino Property lies within the Whitehorse Mining District and consists of approximately 1,136 full and partial Quartz Claims and 55 Placer Claims acquired in accordance with the Yukon Quartz Mining Act. The total area covered by Casino Quartz Claims is approximately 21,126.02 hectares (ha). The total area covered by Casino Placer Claims is 490.34 ha.


TSX:WRN - Post by User

Comment by Heywood_Silverson Jul 09, 2021 3:59pm
103 Views
Post# 33522501

RE:RE:RE:RE:RE:RE:RE:RE:RE:Paul Discussion

RE:RE:RE:RE:RE:RE:RE:RE:RE:Paul Discussion Sooner, another lens to view this through, instead of market cap, is what was the NPV of the project back in 2011?  Looking at a 2011 press release it said $1 billion.  The "headline NPV" and the gold resource has doubled in the last 10 years.

If nothing changed in the last 10 years, the inflation alone would double the value (not necessarily the trading price) of the shares from $4 to $8.  But, the NPV and the resource doubled.  DId the share count double?  No, it has not doubled in the last 10 years.  So, we are effectively a more valuable enterprise on a value-per-share basis than we were ten years ago.

So, if we weren't going to be sold for less than $8 effective dollars ten years ago, we won't today when our value has increased on a per share basis.
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